spp amount, page-59

Just to add to my last post...
The theoretical dilution of earnings is fairly small:

Initial SP = $1.70 (before announcement)
No. Shares on issue = 298.94M
Market Cap = $508.2M

Change in market Cap = $508.2M + $116.7M = $624.9M
Additional Shares Issued at $1.39 = 84M (116.7/1.39)
So Effective Share Price = 624.9 / 382.94 = $1.63

So its dilution effectively reduces SP by 7 cents... Not that all this theoretical stuff matters because SP is dependent on market conditions,etc...

But yeah in my opinion its interesting to see the effect. And if there is a dump in SP because of profit taking and there is good sentiment out there, to me its an indication to buy even more!

What you guys reckon?